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. the state attorney general announced think the morning in washington. the u.s. department of justice and 15 other states filed lawsuits, all claiming that s and p inflated rating as signed to mort-backed securities. >> we're suing because inflated rates and ratings rile yaited our state unfair competition law and very posh importantly our state's false claims act under which losses are trebled. >> harris says california lost almost $1 billion because of the conduct. the department of justice wants the company to pay at least $5 billion in penaltis. >> president obama met to talk about immigration and a deal for wuchbt biggest players in the computer industry. >> that is right, hi, emily. >> good afternoon. a major deal in the tech world announced today ceo and founder and investors are taking the computer maker private in a deal worth $24 billion this, is the largest deal of its kind in the recession. disney reported earnings after the bell that beat estimates at interactive division registered a profit. sales up 5% with net income dropping. games from the inyachtive unit with higher profit
it's wine where no u.s. wine has gone before. >> proposal to ban bars from opening in a popular neighborhood. >> also, michael finney still taking your questions and will answer them here live in just a few minutes. >> taking a look at traffic right now, quite heavy for drivers on the left-hand side of the green. of the green. abssure and get a colde high be get coricidin hbp. the number one pharmacist recommended cold brand designed for people with high blood pressure. and the only one i use to relieve my cold symptoms without raising my blood pressure. coricidin hbp. >>> a new study claims older americans who use facebook have sharper minds. study involved just 40 people. it found those over age 65 performed better on memory exercises after learning how to use facebook compared to thaes those that didn't. others have shown it can help hone maenl builts. the study presented this month at neuropsychological society. >> facebook concluded being on facebook is good for you?. >> i imagine that. >> and i pro claim watching news is good for you as well, google offering a chance to wi
and internet. rethink possible. u.s. postal service announced it will end regular service on saturdays. the cash-strapped usps wanted to eliminate saturday delivery for years. post master general believes the federal government is operating on a temporary spending measure instead of a budget that has been approve bid congress. >> this is just one part of a much larger strategy to return the postal service to long term financial stability. >> people goitsing to impact are lower income who can't afford a fed-ex. >> letter carriers will deliver priority and express mail on saturdays. mail will still go to post office boxes. posts are that are open on saturdays will stay open in august. >>l9z home depot bringing 1500 jobs to the bay area and gearing up for spring.0z6.) this is video provided by home depot. the company announced it will hire 80,000 new workers nationwide. they have about 30 stores around the bay area. some good news today for bay area outdoor enthusists. bass pro shop as announced plans to build a new store in the store is scheduled to open in 2015 and will be the third ba
who are currently waiting behind bars. >> u.s. senate approved chuck haigel as the next secretary of defense. they complained about his stances on iran, and israel and belief that the military is bloated. haigel will be the first vietnam veteran to lead the department of defense. >> authorities trying to figure out why a hot air balloon caught fire and exploded today, killing 19 people aboard this, happened over the ancient city of luxor. a person aboard another balloon shot this video. you can see smoke billowing out and suddenly collapsing and falls a thousand feet to the ground. now, a british tourist and egyptian pilot somehow survived, jumping from the balloon just brit crashed. a man took this photo of the balloon on the ground. >> today marks a one-year anniversary of the shooting death of trayvon martin. the unarmed 17-year-old shot and killed during a scuffle with a neighborhood watch captain named george zimmerman. candle light vigils are taking place around the country and a vigil took place in new york city. in attendance were trayvon's skpairnts actor, jamie fox. >> d
Search Results 0 to 3 of about 4